Toronto (Image: Supplied by Etihad Airways)

Etihad to go daily to Toronto from Abu Dhabi

The additional weekly service will commence on May 30

Oil steadies after surge with supplies and stockpiles in focus

West Texas Intermediate traded above $81 a barrel after rallying by 2.2 per cent on Tuesday

EDGE weapons on display

UAE’s EDGE expands global footprint with Brazil office

The new office will be managed by a dedicated and experienced team of professionals from within the defence industry and local business ecosystems

israel gaza crisis global financial markets

Global growth to fall from last year: IMF

The latest IMF World Economic Outlook update found that recession concerns have gained prominence, while worries about stubbornly high inflation persist

Hybrid cloud

Insights: Facing the cyber-unknown in the hybrid cloud labyrinth

According to IBM Security researchers, 45 per cent of breaches in 2021 happened in the cloud

ADX and Mashreq Signing Ceremony 1

Abu Dhabi Securities Exchange, Mashreq to offer instant trading access to customers

The agreement streamlines the digital onboarding process for Mashreq customers, allowing them to instantly obtain a national investor number

Apple stores Tim Cook

Tim Cook to open first Apple stores in India

The brand will open a store in Mumbai on April 18 and another in New Delhi on April 20

Abu Dhabi University

Abu Dhabi University to regulate use of ChatGPT in education

The guidelines presented emphasise the ethical use of ChatGPT, in line with the university’s policies and procedures

Bitcoin

Bitcoin climbs past $30,000 for the first time since June 2022

However, it is still down more than 50 per cent from its all-time high in November 2021

SAUDIA B787-9 (Image: Supplied by Gatwick Airport comms)

Saudia ramps up flights to Europe and Asia

It has confirmed 56 additional weekly services to 14 destinations

Alibaba

Alibaba enters ChatGPT fray with AI in speaker, Slack-like app

Alibaba Cloud began offering invitation codes for corporate users and developers to test out its flagship AI product last Friday

oil

Oil holds loss as stronger US dollar, slowdown concerns weigh

West Texas Intermediate traded below $80 a barrel after closing 1.2 per cent lower on Monday

Robert Yordi of Seaworld

Yas SeaWorld Research & Rescue’s Rob Yordi shares the centre’s role in the region

The general curator of SeaWorld Abu Dhabi and Yas SeaWorld Research & Rescue tells us how the centre will enable marine conservation and build a strong regional rescue network

UAE corporate tax exemptions

UAE reveals list of entities exempted from corporate tax

The Ministry of Finance said government entities, government-controlled entities as well as extractive businesses are exempted from corporate tax

DEWA approves dividend

Dubai utility giant DEWA approves $1.3bn dividend

The company’s shareholders approved the payment of H2 2022 dividend of Dhs3.1bn and a one-time special dividend of Dhs1.67bn

luxury real estate

Why Dubai’s luxury real estate market is a haven for investors

The luxury property market has shown no signs of slowing since it surged in 2021

e-skin

Chinese scientists develop e-skin to give robots sense of touch

The soft gel e-skin mimics the properties of human skin, with features like stretchability and self-healing ability

Apple’s 40% plunge in PC shipments is steepest among major computer makers

Shipments by all PC makers combined slumped 29 per cent to 56.9 million units – and fell below the levels of early 2019

Careem

UAE telecoms giant e& Group acquires $400m stake in Careem Super App

The company plans to use the proceeds from the new investment to accelerate its ambitious vision to create the first ‘everything app’

ChatGPT-4

What is ChatGPT-4 and how to use it: Everything you need to know

ChatGPT-4 is said to be an even more powerful tool, sure to send even bigger ripples across the world

Dolce & Gabbana

Dolce & Gabbana partners with Dar Global on new hospitality project

The Italian luxury fashion house will open a hotel in the Maldives

Battery

Tesla to build new battery factory, says Elon Musk

The company will manufacture its Megapack large-scale energy-storage unit in the new facility

Dubai Customs partners with the GInI

Dubai Customs, Global Innovation Institute partner to enhance services

The authority applies the latest and most important global standards in innovation and creativity strategy

e-commerce

E-commerce strategies: How to prepare your business for success

An overview of key areas that businesses should focus

Dubai Future Fellowship launched by Sheikh Hamdan photo Dubai Media Office

Sheikh Hamdan launches Dubai Future Fellowship

The programme’s goals will be supported by an international network of fellows known for their achievements in government, technology and future sectors

Sheikh Ahmed chairman of DIEZ Photo DIEZ

Dubai’s DIEZ records 42 per cent rise in operating profit

More than 22,000 companies and over 41,000 employees are based in Dubai Integrated Economic Zones

DEWA twitter SAT-2 6U nanosatellite to launch in April

DEWA’s SAT-2 6U nanosatellite to launch in April

The 6U nanosatellite will be launched by a SpaceX Falcon 9 rocket from Vandenberg Air Force Base in California

Salik approve $134m dividend

Salik shareholders approve $134m dividend

The company’s full-year revenue jumped 11.8 per cent to $517m, driven by an increase in revenue from toll usage fees

ADCB denies reports about NPLs

ADCB denies report of talks to sell $3.7bn of bad loans

The bank said it continuously explores opportunities to boost shareholder value but does not foresee any transaction of this nature materialising in 2023

UAE and Vietnam trade

UAE, Vietnam to launch free trade talks

The trade and investment exchanges between the UAE and Vietnam totalled Dhs13.5bn in 2022, up 9 per cent from 2021